G Invacom - Finally Breakout !

(Follow up) from our previous post on 10 Jun before the price breaks out: 
http://www.andy-yew.com/2014/06/g-invacom-when-is-price-going-to-move-up.html

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Consolidation BreakOut Expert System - SGX

Consolidation Breakout strategy is use for Spotting big move after price move into consolidation.

For the setup to be effective, we need to see the price move from Big price change into narrow price price change. Setup only trigger if price break below the the prior day low(for short), break above prior day High(for long)

The breakout will determine the direction of the stock in the short term. E.g 1-2week.

Example: In the case study above, a trader can short the stock if price break below prior day low.

Stoploss can place at centre of the triangle $6.95 or above the Recent high. A reasonable Profit target for the short term timeframe will be around $6.73

Singapore Stock Chart OEL

OEL today show strength despite market weakness, price break above previous day high with Higher volume. We also see that the price have broke the resistance line, this is a good sign to tell us that the Uptrend is still intact. Currently price is also near the 20ma at 0.113, the 20ma is good indicator for a trailing stoploss if one had entered this stock.

ShareInv Post on RafflesMg

Raffles Medical Group is one of the stock that is still in the positive territory despite STI going down by 32 points by Thursday afternoon. This chart is interesting because of two reasons. Firstly, for the past two weeks, the 40-day moving average has held up well as a strong support for mid-term. Secondly, yesterday’s price action showed the “strength” of this stock.

Chart On Raffles Medical Group

In my opinion, stocks that move higher in spite of declining broader market, show that they are “stronger” and unaffected by bad market sentiment. Hence, if the market turns higher, these “strong” stocks have more reason to go higher. Moreover, traders also need to take note that the immediate support is at $3.12. Do set a stop-loss if the price pierce through this level. The immediate resistance is at $3.25; short-term traders will likely take profit at this level.

China Environment

China Environment, technically it is still uptrend and key support is at 0.50 , as long as it stays above this support level the uptrend still intact. Resistant is at 0.60 if break above, we may see more upside. In case it breaks below 0.50 the key support then uptrend will be invalid. Those who enter, the cut loss will be at 0.49 or 0.485

Business Summary

China Environment Ltd. is an investment holding company. The Company is a provider of waste gas treatment systems in the People’s Republic of China. The Group designs and constructs industrial waste gas treatment systems with its key products consisting of Electrostatic Precipitators (ESPs) including Electrostatic Lentoid Precipitators (ESLPs), baghouses and hybrid dust collectors. The Company has construction contract segment, which includes designing, assembling, installing, testing and commissioning of various equipments relating to industrial waste gas treatment and management systems. The Company’s subsidiaries include China Dongyuan Environment Pte. Ltd. which is engaged in investment holding, Fujian Dongyuan Environmental Protection Co., Ltd.which is engaged I n Waste gas treatment solutions and designing and constructing waste gas treatment systems. 

 

Biosensor

BIOSENSORS, the stock that move quietly and had tested the strong resistant twice. Current price still move above ascending line and it look like waiting to be broken up? It may move up side if it to break above the strong resistant at 0.975. Let see how it performs!



 

Chip Eng Seng break above downtrend line

Chip Eng Seng currently trading at 0.70, our system show a trigger to go long, is it time for the trend to turn up? looking at the downtrend line, seems like price has successfully broken out of the downtrending zone. One can consider to go long with stoploss placed at 0.67(incase price fall back below the trendline.

ShareInv Article: Where Is Gold Heading?

In the last few months, we have been seeing news of hedge fund managers dumping SPDR Gold Trust. Even billionaire hedge fund manager John Paulson, who told investors that they should own gold as recent as last month, cut his own holdings more than half as gold price plunged. Billionaire George Soros and Daniel Loeb are also known to have sold their entire stake on SPDR Gold Share in the past quarter. Will gold price continue to fall from now on?

Chart Of SPDR Gold Share

My view on Gold ETF could be a little bit different from the gurus. Reading the technical chart of SPDR Gold Share, we see that the 10-day and 40-day moving averages work well in indicating the trend of the chart for the past one year. When the 10-day simple moving average (SMA) crosses above the 40-day SMA, it signals to us that the price is going uptrend, and when the 10-day moving average cut below the 40-day moving average, it signals a downtrend.

Since November last year, the SPDR Gold ETF has already been going down trend after the 10-day moving average cut the 40-day moving average; it fell from US$174 to as low as US$114.53. Since early July, we notice that gold price had stopped dropping and started moving higher. We see that the 10-day SMA started to cross above the 40-day SMA, which means that the downtrend has change to an uptrend. Currently, the SPDR Gold Share is facing a strong resistance at US$130. Once this level is broken, we might see further upside on this stock.

For those who worry that the fall will continue, do watch out for the US$122 support and set a stop loss below this level.

MIDAS

Ascending Triangle pattern has been forming for MIDAS. The question now will it breaks above resistant and go up further? As long as the price stays above the ascending trend line, the break out may be happend and if it does break out the target price will be at 0.65. Let see how it performs!  

SGX

SGX has broken above resistant and the 1st target price will be around 7.60 show in weekly chart. STI closed -12 points today but this stock up with positive and this show how strong he is.

KEPPEL LAND

KEPPEL LAND shows in weekly chart. It has broken out from Ascending Triangle pattern. Today closing price is at 3.67 and our 1st target is 3.88. 

Keppel Land’s Financial Highlights for the Nine Months Ended 30 September 2012: 

• Net profit surged 62.2% to $311.1 million for the first nine months of 2012
   
• Contribution from property trading almost doubled to $230.1 million due mainly to higher
  earnings from Reflections at Keppel Bay and Marina Bay Suites
   
• Property investment achieved higher profit of $58.6 million, lifted by improved contribution
  from Keppel REIT
   
• Fund management continued to provide a steady stream of income amounting to 14% of net
  profit

Civmec breakout

Civmec currently trading at $1.175, wanted to post this stock on the 19 Nov when the price stand strong against the market correction. The current breakout is not a surprise to us, we did anticipated it to happen. Traders who intend to trade this breakout please watch for your stoploss, where it can be place below the support at 1.13(short term)


Company Background

On 3 June 2010, the Company was incorporated in Singapore as a private company limited under the name of Civmec Pte Ltd. On 29 March 2012, the Company was converted into a public company limited and changed its name to Civmec Limited.
The Group is an Australian-based integrated multi-disciplinary construction and heavy engineering services provider to the oil and gas, mining and other industries, such as the infrastructure, utilities, chemical and power industries. The Group provides heavy engineering and other services including fabrication, site civil works, pre-cast concrete and maintenance services.

Singapore Dividend Stock - Starhub

Starhub closed $3.73 at day high on Friday after breaking the downtrend resistance trendline. According to the chart we also see that the price break out above the triangle, this could be a signal that there will be a further up surge.

Read more about Triangle pattern here.
http://www.babypips.com/school/triangles.html 

http://stockcharts.com/help/doku.php?id=chart_school:chart_analysis:chart_patterns:descending_triangle_


Some fundamental data of Starhub: http://www.sharesinv.com/CC3/

MAINBOARD > TPT/STORAGE/COMMS > TELCO (CC3)   

Chairman: Tan Guong Ching    CEO: Neil Montefiore

	S$3.73	+0.06  +1.63%	Buy: 3.72	52-Wk Chg: +0.97  +35.14%
		Vol: 4,645	Sell: 3.73	1-Mth Chg: +0.11  +3.04%
	30-11-12 17:04:31	CPF

Open :	3.69	No. of Shares :	1,715.329m	PE :	20.3
High :	3.73	Mkt Cap :	S$6,398.177m	EPS :	S$0.184
Low :	3.67	52-Wk High :	3.88	Last 12m Div :	S$0.2
Last Close :	3.67	52-Wk Low :	2.72	Yield :	5.4
Price-to-Book :	162.17	Avg. Vol :	2,004	NAV :	S$0.023

Singapore stock - SIA engg

SIA Engg, closed 4.13 on Tuesday. This stock is staying strong after breaking out of the long term downtrend resistance which started since Dec 2010, will the next trend be same as the uptrend happened in early 2012? Lets trade and see, stoploss can be placed at $3.98

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Palm Oil Stock Making a Comeback?

Dear friends, pls check out my post on Bumitama and Mewah at Shareinv website.
http://www.sharesinv.com/articles/2012/07/05/perspective/

Singapore Stock Breakout - NOL

Remember we talk about bargain hunting for NOL in May when it is only at 1.03(near its lowest point since 2003), if you have followed, you would probably be sitting with 10% gain right now! The article was posted in ShareInv.com and Danielloh.com

Check out the post here: http://www.danielloh.com/2012/05/bargain-hunting-for-stingapore-stocks.html

What about now? We see that NOL has just broke thru the top of the Box yesterday, and now the resistance(box top) will act as a support level. If you are looking at this stock, a good entry will be $1.15 where it break previous day high. Stoploss will be $1.10, where the stock break the support and goes back into the box. Mid-long term trade.

Stock at 52 Week High/Low

Just did a scan with my Metastock explorer on the 52week high and Low to see which stock is at their best and which stock is at their worst right now. Well, there is no right or wrong whether to buy at high or low, it all depends on your strategy and also your risk appetite. 

Currently the 52week high stocks are holding strong despite the recent correction, most are dividend stocks. These are good stocks but slow moving.

52week breakout strategy: http://eresearch.fidelity.com/backtesting/viewstrategy?category=Breakout&wealthScriptType=FiftyTwoWeekHigh

Buying a winner: http://stocks.about.com/od/advancedtrading/a/Winners042805.htm

The stocks at 52week low are mostly stocks that are heavily sold down in recent correction, most people would be eyeing on these stock, hoping to make a killing in the rebound. Well, currently mid term trend is still down, any rebound from this 52week low list would be a good shorting candidate for us if market turn weak again.

No indication of buy or sell in this posting. For ur reference only.

Macqintinfra- Ascending triangle breakout

Macqintinfra broke out from ascending triangle pattern, setup for tml is Entry: 0.605, Target:0.74 exit 0.56, timeframe 2weeks. Due to the long candle, please buy in adequate/smaller size. If not you will end up having great loss if it hit your stop loss.

Starhub again! Can take a look at Weehur

Starhub today close 2.71, my previous post has mention this as good dividend stocks. My first call on this is o 29 Aug during then it was just $2.38, add position on oct 24, tomorrow can add position(at 2.72) again if you have bought, add lesser than previous position. Some people may ask "so high already still can buy meh?" Reply: You never know when will the trend change, till the trend tells you.

WeeHur, Can consider buying tomorrow if hit 0.565, the chart looks like ending its sideway trend. Possible to make steep slope upward, exit 0.53 timeframe 2week-2month.

FirstRes

FirstRes, Take a look at this stocks today, if breaks above $1.27 can consider to buy in. This can be the next OrchardP...

Also take alook at Jaya, the next Fragrance...